| 单词 | credit guarantee |
| 释义 | credit guarantee credit guarantee1. A type of insurance provided by credit guarantee associations, government institutions, or lenders to enable small firms to obtain credit from banks. credit insurance1. An insurance policy that continues the repayments of a particular debt in the event of the policyholder being financially unable to do so because of illness, death, redundancy, or any other specified cause. credit line1. The extent of the credit available to a borrower or the user of a credit card as set down in the initial credit agreement. credit note A document expressing the indebtedness of the organization issuing it, usually to a customer. When goods are supplied to a customer an invoice is issued; if the customer returns all or part of the goods the invoice is wholly or partially cancelled by a credit note. |
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